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A Triangle for the French Translation of General Theory: Keynes, Sraffa, and Largentaye

Author

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  • Ghislain Deleplace

    (LED - Laboratoire d'Economie Dionysien - UP8 - Université Paris 8 Vincennes-Saint-Denis)

Abstract

The paper studies the correspondence exchanged in 1938-1939 between Keynes and the French translator of General Theory, Jean de Largentaye, and between Keynes and Sraffa on this translation. The focus is on some analytical difficulties raised in this correspondence. After having described the circumstances of Sraffa's involvement, the paper evokes a disagreement between Keynes and Largentaye about the kind of language that should be used in a book like General Theory. A section deals with clarifications and improvements brought about by the correspondence, particularly on the treatment of entrepreneurs' profits and on the behaviour of lenders and borrowers in a financial crisis. Another section studies an important amendment to Chapter 17 on the concept of own-rate of interest. This amendment was suggested by Largentaye and accepted by Keynes in the context of various critiques expressed elsewhere by Pigou, Hicks, and Sraffa.

Suggested Citation

  • Ghislain Deleplace, 2021. "A Triangle for the French Translation of General Theory: Keynes, Sraffa, and Largentaye," Post-Print hal-04253409, HAL.
    • Handle: RePEc:hal:journl:hal-04253409
    DOI: 10.1093/cje/beab030
    Note: View the original document on HAL open archive server: https://hal.science/hal-04253409
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    References listed on IDEAS

    as
    1. Caspari, Volker & Barens, Ingo, 1997. "Own-rates of interest and their relevance for the existence of underemployment equilibrium positions," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 5442, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Christophe Lavialle, 1997. "Projet pragmatique et projet radical chez Keynes : la portée du chapitre 17 de la "Théorie générale"," Revue Économique, Programme National Persée, vol. 48(4), pages 937-964.
    3. Nerio Naldi, 2015. "Sraffa and Keynes on the Concept of Commodity Rates of Interest," Contributions to Political Economy, Cambridge Political Economy Society, vol. 34(1), pages 17-30.
    Full references (including those not matched with items on IDEAS)

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